$SNX a clearly broke the support at $0.45.
The price is moving below an oblique support that has supported the price several times. It can be observed that the price was supported by this support three times before the sellers regained control.
Currently, the price is moving in a downward channel. Buyers and sellers are in a battle, which is preventing the price from breaking this channel.
🟢If the price breaks this channel upward, we can expect a price increase 📈
🛑On the other hand, if the price breaks this channel downward, sellers will continue to control, which could cause the price to drop below $0.29 📉